Lack of corporate governance and NPLs

Non-performing loans

What’s really causing our non-performing loans to skyrocket?

It is alleged that a group of politically-connected people took out large loans from state-owned commercial banks (SOCBs) and intentionally defaulted on them.

October 17, 2023
October 17, 2023
Non-performing loans

What’s really causing our non-performing loans to skyrocket?

It is alleged that a group of politically-connected people took out large loans from state-owned commercial banks (SOCBs) and intentionally defaulted on them.